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Migration trend in Texas is on the rise as wealthy residents move to ‘Y’all Street’
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“We wanted to be somewhere where you can look at the stars at night and not see a single light. You can’t see your neighbors. The trees are still low enough that you can see, the view from our house is now 40 kilometers,” said Lepoutre. “It’s rare to see buildings like this in America.”
“I was [in Florida] since ’88, so I’m ready for a change, and I just love the Texas lifestyle and the Texas people, and it’s a great, refreshing place to be,” Lynn said. “Everything is great in Texas.”
“What we’re seeing with this migration of all these people moving into our state is, it’s creating a really strong demand for housing, and it’s reaching all levels. We’re seeing a demand for entry-level housing, and we’re still seeing a strong demand for high-end housing. So, right now, it’s a really balanced, healthy market,” “Wauhob, all of these things don’t come from Texas.”
“If you don’t like sitting in a saloon or a bar or a restaurant … and you don’t like being talked to, don’t move to Texas.”
“I’m a native Texan, but I spent some time traveling the country for my husband’s job. And I can say, that I have to live in other states, people who move here, are very happy with how far their housing dollar goes,” she continued.
As more and more companies are dual-listed on the NYSE Texas, Texas is also seeing executive migration in waves. Wauhob briefly discussed how REALTORS are working with the state’s economic development teams to ensure there is enough housing to meet the growing residential and corporate needs.
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Serhant. founder and CEO Ryan Serhant shares his perspective on the housing market on ‘The Claman Countdown.’
“We’re really trying to step up. We don’t want to try to catch up after all these people get here. We want to think ahead, plan ahead, and make sure that when people get there, we have infrastructure in place and we have healthy communities for them to come in,” the chairman said.
“I would say this doesn’t sound like an episode to me. If you look at the data, this has been going on for several years in a row now,” Wauhob said. “We have a lot of people coming here. We’re not seeing a big boom, which is great because we want to grow slowly. So for me, this is something you have to keep an eye on. I don’t think it’s going away anytime soon… people are coming, and they’re not going away.”
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